Ranking
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Amount of private international debt securities (amounts outstanding), as a share of GDP. It covers long-term bonds and notes and money market instruments placed on international markets. (Table 12A (international debt amount: all issuers) - Table 12D (international debt amount: governments)) / GDP. End of year data (i.e. December data) are considered for debt securities. The figures are deflated using the following methodology: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is the level intenational private debt, P_e is end-of period CPI, and P_a is average annual CPI. GDP is from World Development Indicators.End-of period CPI is taken from IFS line 64M..ZF month of December (or if not
As of 2020, Luxembourg ranks first with 419.99%, followed by Netherlands (149.68%) and United Kingdom (104.45%).
Luxembourg is 2.8 times higher than Netherlands, the runner-up.
Across 89 countries and territories, values run from 419.99% (Luxembourg) to 0.08% (Egypt), with a median of 9.30%.
By region, the top 10 is made up of 8 from Europe, 1 from the Americas and 1 from Asia.
Source: World Bank Open Data — Outstanding international private debt securities to GDP (%), 2020. Unit: %.
Source: World Bank Open Data — Outstanding international private debt securities to GDP (%) · CC BY 4.0 · fetched Oct 17, 2026